Sharp oil price drop and the global coronavirus pandemic have pushed Norwegian seismic survey company EMGS to operate in a low-cost setup to preserve sufficient liquidity.
Norwegian ocean bottom node seismic company Axxis Geo Solutions (AGS) said it has received a cancellation on a small contract in the North Sea. The contract was scheduled to be executed in second quarter 2020. AGS had not previously announced this contract, however the company said it was communicat
Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has received a cancellation of a small contract in the North Sea.
Norwegian seismic player TGS has completed the processing of its Erlend Wild West multi-client 3D seismic survey west of Shetland.
Norwegian seismic player TGS has completed the processing of the northern half of its ocean-bottom node (OBN) multi-client survey in the Norwegian North Sea.
Axxis Geo Solutions has signed a letter of intent with a “major international oil company” to start an ocean bottom node (OBN) survey in the North Sea.
EMGS has been forced to take immediate action and implement a cost-cutting program due to detrimental effect of Pemex’s decision not to award it any more work under a two-year acquisition program from last year.
SeaBird Exploration has entered into a loan agreement, the proceeds of which will be used to outfit a vessel for seismic operations. In addition, SeaBird has decided to decommission one of its own vessels and recycle its seismic equipment to a chartered vessel.
Norwegian geophysical surveying and mapping services company Magseis Fairfield has signed a system sales contract for the delivery of Z100-nodes to an existing client in Asia.
French marine seismic acquisition company CGG has won a contract renewal by Total for the continued operation of its Dedicated Processing Center (DPC) in Pau, France.
Geophysical services provider Fugro and the Colombian Maritime Authority (DIMAR) have completed a joint environmental seep hunting study to help assess the country’s resource potential in the Caribbean Sea.
Russian shipping giant Sovcomflot has decided to defer the redelivery of the Vyacheslav Tikhonov seismic vessel to Polarcus for the second time, which might not be the last time.
Shearwater GeoServices has been awarded Letters of Intent for three projects by Equinor, and a 4D Ocean Bottom Seismic project by Lundin Norway.
Dutch geophysical services provider Fugro has entered into an agreement to acquire CGG’s 40 percent shareholding in Seabed Geosolutions.
